Marketplace Money for Friday, June 22, 2007

Episode Description 
Marketplace Money for Friday, June 22, 2007
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Buzzword: Moneycard

The difference between Wal-Mart and the bank just got smaller.
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The best default for your retirement

The Pension Protection Act passed by Congress last year allows companies to automatically enroll their employees into a 401k. But regulators still have to decide what plans work best. Tess Vigeland talks to Charles Ruffle of PlanSponsor.com.
Posted In: Retirement
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Be free of your cell phone carrier... for free

You're unhappy with your current cell phone service and you want to switch to another carrier -- but then you get burned with a $200 fee. Tess Vigeland talks to Janine Kenney of Consumer's Union about how to get out of your contract without a penalty.
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You can't always get a full tank

Just when you thought it was safe to get a quick, full tank of gas, the credit card companies shut you down. Tess Vigeland talks to the Associated Press's Ieva Augstums about how some consumers are finding out that their cards won't let them fill all the way up.
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If you have money, they'll know . . .

Debt collectors have found a new way to get their cash: an electronic service that lets everyone you owe know when you're making payments. Critics say this could cause things to get ugly. Ashley Milne-Tyte has the story.
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There's a lot to like about cash investing

In today's low-inflation, rising interest-rate environment, cash investments like CDs and money markets are looking more attractive. Steve Tripoli reports on the quieter side of investing.
Posted In: Investing
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Straight Story: Drug safety

Economics editor Chris Farrell says to better monitor drug safety, Congress should give the FDA more funding.
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Mailbag for Friday, June 22, 2007

This week, Chris Farrell answers listener questions about choosing a closed end fund, investing as a teenager and taking care of a child with a disability.
Posted In: Investing
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Day in the Work Life: Castles in the sand

He builds works of wonder with sand and gets paid for it. Life really can be a beach.
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Financial advice for the class of 2007

You've got your degree and you're ready to take on the world. But are you ready to pay for it? We got some advice from the class of 2006 on how to manage your cash in the real world.

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